EuropeLNG as Fuel

KfW IPEX-Bank finances TT-Line’s LNG-powered ferry

By LNG Prime Staff
KfW IPEX-Bank finances TT-Line's LNG-powered ferry
Image: TT-Line

Frankfurt-based KfW IPEX-Bank is providing financing for the German shipping company TT-Line’s LNG dual-fuel RoPax ferry, Nils Holgersson.

The bank said in a statement on Wednesday it would provide 30 million euros ($31.9 million) for the “Green Ship”.

In April, TT-Line started using this LNG-powered vessel in the Baltic Sea.

Prior to that, China Merchants Jinling Shipyard in Nanjing delivered the 230 meters long vessel to the owner during a ceremony held on March 7.

TT-Line also took delivery of the sister ship, Peter Pan, in November.

Both of the vessels feature MAN dual-fuel engines and two 500-cbm type C LNG tanks, according to TT-Line.

The ships, based on TT-Line’s ‘Green Ship’ design, have the capacity for about 800 passengers and over 200 vehicles, and will both work in the Baltic Sea.

Most Popular

LNG Terminals

First Nations plan new Canadian LNG export project

Kino Aski and Marinvest Energy Canada rebealed plans to jointly develop Kino Aski LNG, a First Nations–led liquefied natural gas (LNG) project designed to supply Europe.
Corporate

ALNG expects to enter LNG trading by year-end

Norway’s ALNG, the owner of two TFDE LNG vessels, expects to enter LNG trading with its first transaction by the end of this year, according to interim CEO Jens-Julius Ramdahl Nygaard.
Contracts and Tenders

ExxonMobil dishes out $1.1 billion in Rovuma LNG contracts

US energy giant ExxonMobil and its partners in the planned Rovuma LNG project in Mozambique have awarded $1.1 billion in pre-investment contracts for long-lead upstream equipment.

More News Like This

LNG as Fuel

Sallaum Lines orders another LNG-powered PCTC in China

Switzerland-based Sallaum Lines has ordered another LNG dual-fuel pure car and truck carrier in China following a recent order for two vessels.
LNG as Fuel

Bahri orders LNG-powered vessels in China

Saudi Arabia’s shipping firm Bahri has ordered two LNG dual-fuel roll-on/roll-off container vessels, with an option for an additional two units, in China.
LNG as Fuel

TT-Line books another LNG-powered ferry in China

German ferry operator TT-Line has ordered another LNG-powered RoPax ferry from China Merchants Jinling Shipyard in Nanjing.
LNG as Fuel

K Line orders LNG-powered car carriers in China

Japan's shipping giant K Line has ordered four LNG dual-fuel car carriers from China Merchants Jinling Shipyard (Nanjing) for its European short-sea shipping operations.